Real Madrid president Florentino Perez would accept a €65m offer for defender Sergio Ramos, according to Spanish newspaper AS.

The 27-year-old, who has been a key player at the Bernabeu since joining Los Blancos from Sevilla in 2005, has been linked with a move to Premier League heavyweights Manchester City and Chelsea in recent months.

And their hopes of signing the vastly-experienced Spain international have been boosted after reports emerged claiming that he had threatened to leave Real Madrid unless he was offered an improved contract.

Perez responded - perhaps in anger after Ramos was sent off for the 17th time in his Real Madrid career, on Wednesday night against Galatasaray - by agreeing that he could go wherever he wanted, including Barcelona, if a club submitted a hefty €65m offer for his services.

Reports in August suggested that Ramos turned down Chelsea after a phone call with Jose Mourinho, with the Spain international content to spend the rest of his career with the nine-time European champions.

But Chelsea, Manchester City and Europe's other big spenders are likely to keep a close eye on this developing situation over the forthcoming weeks.

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